PH Tech Stock Forecast - Accumulation Distribution

239890 Stock   7,890  580.00  7.93%   
239890 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PH Tech stock prices and determine the direction of PH Tech Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PH Tech's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
PH Tech Co has current Accumulation Distribution of 11908.68. The accumulation distribution (A/D) indicator shows the degree to which PH Tech is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of PH Tech Co to determine if accumulation or reduction is taking place in the market. This value is adjusted by PH Tech trading volume to give more weight to distributions with higher volume over lower volume.
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PH Tech Trading Date Momentum

On November 22 2024 PH Tech Co was traded for  7,890  at the closing time. The highest price during the trading period was 7,910  and the lowest recorded bid was listed for  7,230 . The volume for the day was 138.5 K. This history from November 22, 2024 did not cause price change. The trading delta at closing time to the current price is 8.37% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for PH Tech

For every potential investor in 239890, whether a beginner or expert, PH Tech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 239890 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 239890. Basic forecasting techniques help filter out the noise by identifying PH Tech's price trends.

PH Tech Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PH Tech stock to make a market-neutral strategy. Peer analysis of PH Tech could also be used in its relative valuation, which is a method of valuing PH Tech by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

PH Tech Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of PH Tech's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of PH Tech's current price.

PH Tech Market Strength Events

Market strength indicators help investors to evaluate how PH Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PH Tech shares will generate the highest return on investment. By undertsting and applying PH Tech stock market strength indicators, traders can identify PH Tech Co entry and exit signals to maximize returns.

PH Tech Risk Indicators

The analysis of PH Tech's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in PH Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 239890 stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Pair Trading with PH Tech

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PH Tech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PH Tech will appreciate offsetting losses from the drop in the long position's value.

Moving together with 239890 Stock

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  0.83298000 Hyosung Chemical CorpPairCorr
  0.81220260 LIG ES SPACPairCorr

Moving against 239890 Stock

  0.82030200 KT CorporationPairCorr
The ability to find closely correlated positions to PH Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PH Tech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PH Tech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PH Tech Co to buy it.
The correlation of PH Tech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PH Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PH Tech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PH Tech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in 239890 Stock

PH Tech financial ratios help investors to determine whether 239890 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 239890 with respect to the benefits of owning PH Tech security.